True/False
It takes Anne 3 hours to make a pie and 4 hours to make a shirt. It takes Mary 2 hours to make a pie and 5 hours to make a shirt. Anne should specialize in making shirts and Mary should specialize in making pies, and they should trade.
Correct Answer:
Verified
Correct Answer:
Verified
Q21: For international trade to benefit a country,
Q22: Table 3-13<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Table 3-13
Q23: Unless two people who are producing two
Q24: Figure 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 3-5
Q25: International trade can make some individuals within
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Q28: International trade may make some individuals in
Q29: Adam Smith wrote that a person should
Q30: For both parties to gain from trade,
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